Interest Rates at a 6 Year High
#1
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Whilst nowhere near the horrific levels they were under the previous Government - do they worry you?
I simply cannot believe that an extra £16 a month on a mortgage of £100,000 will make ANYONE stop spending?![Confused](https://www.scoobynet.com/images/smilies/confused.gif)
I am guessing that it's the 'Trend' that starts people thinking? Rather than the actual amount?
I remember rates at 15% - yes, 15% - so, this current small rate is trifling, however, the long term average has been around 8%.
So, I would suggest, we have a way to go - trouble is that everyone feels really well off and continue spending.
I simply cannot believe that an extra £16 a month on a mortgage of £100,000 will make ANYONE stop spending?
![Confused](https://www.scoobynet.com/images/smilies/confused.gif)
I am guessing that it's the 'Trend' that starts people thinking? Rather than the actual amount?
I remember rates at 15% - yes, 15% - so, this current small rate is trifling, however, the long term average has been around 8%.
So, I would suggest, we have a way to go - trouble is that everyone feels really well off and continue spending.
#4
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It's not the cost of one rate rise people won't be able to afford, it's the cumulative effect of several rate rises. Also if you're a landlord they're on about regular green 'hips', the same as the pack they want to introduce for selling houses. All this will mean a big slowdown in property prices if many landlords have had enough and sell up.
Hello Steve by the way
Hello Steve by the way
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#5
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the IP address for the infractor should be banned aswell
Or that many people @ home still get dynamic IP addresses ?
Not really a very good plan is it....
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sorry to tell you this.. but one of my customers who writes for the daiy mail is friends with the head of the bank of england. he told her last week that as soon as Gordon Brown is in that they are putting rates up to 8%.
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#7
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I take it your on duty? haven't you got some sleeping to do??
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Last edited by firesorter; 11 May 2007 at 10:07 AM. Reason: spelli mistook
#11
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It doesn't have to be that complicated. MrRee is clearly pslewis so why don't the mods just ban the MrRee account if they really want to stop pete for a while.
Why was he banned anyway?
Why was he banned anyway?
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#13
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Oh, and you'll also see that interest rates started to fall when the Tories were still in power.
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Nope, the MAC address is unique. The IP address may be dynamic, which is the case for most people as it allows pooling of IP addresses as it's unlikely all your customers will be online together. You can have a fixed IP address which is useful for some things, I have a fixed IP addy for my Mail Server.
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